Grey Wolf Animal Health Corp.
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 |
|---|---|---|---|---|---|
| Total Revenue | 9.3M | 9.5M | 7.9M | 6.7M | 6.9M |
| Operating Revenue | 8.7M | 9.1M | 7.5M | 6.4M | 6.5M |
| Cost Of Revenue | 4.4M | 4.2M | 3.8M | 3.3M | 3.4M |
| Gross Profit | 4.9M | 5.3M | 4.2M | 3.4M | 3.5M |
| Selling General And Administration | 3.2M | 3.4M | 3.1M | 3.1M | 2.4M |
| General And Administrative Expense | 2.6M | 2.6M | 2.5M | 2.5M | 1.8M |
| Depreciation And Amortization In Income Statement | 475,441 | 455,408 | 523,029 | 342,211 | 258,691 |
| Operating Expense | 3.7M | 3.8M | 3.6M | 3.6M | 2.7M |
| Operating Income | 1.2M | 1.5M | 521,199 | -191,627 | 802,191 |
| EBIT | 1.2M | 1.5M | 544,070 | -164,452 | 861,081 |
| Interest Expense | 407,879 | 456,127 | 463,667 | 254,547 | 133,450 |
| Interest Expense Non Operating | 407,879 | 456,127 | 463,667 | 254,547 | 133,450 |
| Interest Income | 24,267 | 27,164 | 30,398 | 47,277 | 52,766 |
| Interest Income Non Operating | 24,267 | 27,164 | 30,398 | 47,277 | 52,766 |
| Net Interest Income | -383,612 | -428,963 | -433,269 | -207,270 | -80,684 |
| Other Income Expense | -19,500 | 8,307 | -7,527 | -20,102 | 6,124 |
| Gain On Sale Of Security | -19,500 | 8,307 | -7,527 | -20,102 | 6,124 |
| Pretax Income | 829,263 | 1.1M | 80,403 | -418,999 | 727,631 |
| Tax Provision | 280,287 | 306,954 | 53,155 | 82,103 | 225,480 |
| Tax Effect Of Unusual Items | -6,591 | 2,410 | -1,129 | -3,015 | 1,898 |
| Net Income From Continuing And Discontinued Operation | 548,976 | 751,230 | 27,248 | -501,102 | 502,151 |
| Net Income From Continuing Operation Net Minority Interest | 548,976 | 751,230 | 27,248 | -501,102 | 502,151 |
| Net Income Including Noncontrolling Interests | 548,976 | 751,230 | 27,248 | -501,102 | 502,151 |
| Net Income Common Stockholders | 548,976 | 751,230 | 27,248 | -501,102 | 502,151 |
| Net Income | 548,976 | 751,230 | 27,248 | -501,102 | 502,151 |
| EBITDA | 1.9M | 2.2M | 1.2M | 333,186 | 1.2M |
| Normalized EBITDA | 1.9M | 2.2M | 1.2M | 353,288 | 1.2M |
| Reconciled Depreciation | 673,583 | 666,539 | 657,235 | 497,638 | 346,962 |
| Basic EPS | 0.02 | 0.02 | 0.00 | -0.02 | 0.02 |
| Diluted EPS | 0.02 | 0.02 | 0.00 | -0.02 | 0.02 |
| Basic Average Shares | 34.2M | 34.2M | 34.2M | 25.1M | 31.0M |
| Diluted Average Shares | 35.6M | 34.2M | 35.1M | 25.1M | 31.0M |
| Total Unusual Items | -19,500 | 8,307 | -7,527 | -20,102 | 6,124 |
| Total Unusual Items Excluding Goodwill | -19,500 | 8,307 | -7,527 | -20,102 | 6,124 |
| Tax Rate For Calcs | 0.34 | 0.29 | 0.15 | 0.15 | 0.31 |
| Normalized Income | 561,885 | 745,333 | 33,646 | -484,015 | 497,925 |
| Depreciation Amortization Depletion Income Statement | 475,441 | 455,408 | 523,029 | 342,211 | 258,691 |
| Diluted NI Availto Com Stockholders | 548,976 | 751,230 | 27,248 | -501,102 | 502,151 |
| Net Income Continuous Operations | 548,976 | 751,230 | 27,248 | -501,102 | 502,151 |
| Net Non Operating Interest Income Expense | -383,612 | -428,963 | -433,269 | -207,270 | -80,684 |
| Other Gand A | 897,834 | 843,436 | 841,716 | 1.2M | 636,493 |
| Reconciled Cost Of Revenue | 4.2M | 4.0M | 3.6M | 3.2M | 3.3M |
| Salaries And Wages | 1.7M | 1.8M | 1.7M | 1.4M | 1.2M |
| Selling And Marketing Expense | 635,966 | 751,168 | 600,193 | 566,362 | 599,307 |
| Total Expenses | 8.1M | 8.0M | 7.4M | 6.9M | 6.1M |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 6.7M | 6.1M | 6.8M | 6.4M | 7.1M |
| Cash Cash Equivalents And Short Term Investments | 6.7M | 6.1M | 6.8M | 6.4M | 7.1M |
| Cash Financial | 6.7M | 6.1M | 6.8M | -- | 7.1M |
| Accounts Receivable | 3.2M | 2.9M | 1.9M | 2.2M | 2.5M |
| Receivables | 3.2M | 2.9M | 1.9M | 2.2M | 2.5M |
| Inventory | 6.1M | 5.8M | 5.6M | 5.5M | 4.6M |
| Prepaid Assets | 524,899 | 318,400 | 377,461 | 415,567 | 339,748 |
| Current Assets | 16.6M | 15.2M | 14.6M | 14.5M | 14.5M |
| Gross PPE | 8.5M | 8.4M | 8.4M | 8.4M | 3.1M |
| Accumulated Depreciation | -1.7M | -1.4M | -1.3M | -1.1M | -908,144 |
| Net PPE | 6.8M | 7.0M | 7.1M | 7.3M | 2.2M |
| Goodwill | 24.2M | 24.2M | 24.2M | 24.2M | 13.9M |
| Goodwill And Other Intangible Assets | 41.2M | 41.7M | 42.1M | 42.5M | 22.7M |
| Other Intangible Assets | 17.0M | 17.5M | 17.9M | 18.3M | 8.8M |
| Total Non Current Assets | 48.9M | 49.7M | 50.4M | 51.1M | 26.3M |
| Total Assets | 65.4M | 64.9M | 65.0M | 65.6M | 40.7M |
| Current Debt | 2.1M | 2.1M | 2.1M | 2.1M | 1.1M |
| Current Debt And Capital Lease Obligation | 2.3M | 2.2M | 2.2M | 2.1M | 1.2M |
| Accounts Payable | 4.2M | 3.5M | 3.9M | 4.0M | 3.1M |
| Payables | 4.4M | 3.7M | 4.0M | 4.0M | 3.2M |
| Payables And Accrued Expenses | 4.4M | 3.7M | 4.0M | 4.0M | 3.2M |
| Current Liabilities | 6.7M | 5.9M | 6.2M | 6.2M | 4.4M |
| Long Term Debt | 23.4M | 23.9M | 24.3M | 24.8M | 7.4M |
| Long Term Debt And Capital Lease Obligation | 23.4M | 24.4M | 24.9M | 25.5M | 8.1M |
| Long Term Capital Lease Obligation | 57,378 | 565,999 | 599,121 | 650,794 | 677,489 |
| Total Non Current Liabilities Net Minority Interest | 28.5M | 29.3M | 29.9M | 30.6M | 10.0M |
| Total Liabilities Net Minority Interest | 35.2M | 35.2M | 36.2M | 36.8M | 14.4M |
| Common Stock | 31.5M | 31.5M | 31.5M | 31.5M | 28.6M |
| Capital Stock | 31.5M | 31.5M | 31.5M | 31.5M | 28.6M |
| Additional Paid In Capital | 1.8M | 1.8M | 1.8M | 1.8M | 1.7M |
| Retained Earnings | -6.7M | -7.2M | -8.0M | -8.0M | -7.5M |
| Common Stock Equity | 30.2M | 29.6M | 28.9M | 28.8M | 26.3M |
| Stockholders Equity | 30.2M | 29.6M | 28.9M | 28.8M | 26.3M |
| Total Equity Gross Minority Interest | 30.2M | 29.6M | 28.9M | 28.8M | 26.3M |
| Total Capitalization | 53.6M | 53.5M | 53.2M | 53.6M | 33.7M |
| Net Tangible Assets | -11.0M | -12.0M | -13.2M | -13.7M | 3.7M |
| Tangible Book Value | -11.0M | -12.0M | -13.2M | -13.7M | 3.7M |
| Working Capital | 9.9M | 9.2M | 8.4M | 8.3M | 10.1M |
| Invested Capital | 55.7M | 55.6M | 55.3M | 55.7M | 34.8M |
| Total Debt | 25.7M | 26.7M | 27.1M | 27.6M | 9.2M |
| Net Debt | 18.8M | 19.8M | 19.7M | 20.5M | 1.4M |
| Share Issued | 34.2M | 34.2M | 34.2M | 34.2M | 31.0M |
| Ordinary Shares Number | 34.2M | 34.2M | 34.2M | 34.2M | 31.0M |
| Buildings And Improvements | 4.4M | 4.4M | 4.4M | 4.4M | -- |
| Capital Lease Obligations | 187,941 | 676,137 | 702,693 | 729,016 | 754,843 |
| Current Capital Lease Obligation | 130,563 | 110,138 | 103,572 | 78,222 | 77,354 |
| Finished Goods | 4.0M | 3.7M | 3.7M | 4.1M | 3.4M |
| Income Tax Payable | 228,304 | 183,370 | 145,175 | 35,099 | 86,410 |
| Inventories Adjustments Allowances | -25,000 | -15,000 | -10,000 | -34,000 | -22,500 |
| Land And Improvements | 490,000 | 490,000 | 490,000 | 490,000 | -- |
| Leases | 2.1M | 2.2M | 2.2M | 2.2M | 2.3M |
| Long Term Provisions | 342,910 | -- | -- | -- | -- |
| Machinery Furniture Equipment | 587,874 | 524,736 | 506,943 | 484,811 | 328,904 |
| Non Current Deferred Assets | 819,889 | 1.0M | 1.2M | 1.3M | 1.4M |
| Non Current Deferred Liabilities | 4.7M | 4.9M | 5.0M | 5.1M | 1.9M |
| Non Current Deferred Taxes Assets | 819,889 | 1.0M | 1.2M | 1.3M | 1.4M |
| Non Current Deferred Taxes Liabilities | 4.7M | 4.9M | 5.0M | 5.1M | 1.9M |
| Other Current Borrowings | 2.1M | 2.1M | 2.1M | 2.1M | 1.1M |
| Other Equity Interest | 3.5M | 3.5M | 3.5M | 3.5M | 3.5M |
| Other Properties | 929,883 | 861,869 | 817,167 | 776,136 | 497,174 |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Raw Materials | 2.1M | 2.1M | 1.9M | 1.4M | 1.2M |
| Total Tax Payable | 228,304 | 183,370 | 145,175 | 35,099 | 86,410 |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 |
|---|---|---|---|---|---|
| Operating Cash Flow | 1.3M | -65,416 | 1.1M | 1.2M | 655,055 |
| Cash Flow From Continuing Operating Activities | 1.3M | -65,416 | 1.1M | 1.2M | 655,055 |
| Depreciation And Amortization | 673,583 | 666,539 | 657,235 | 497,638 | 346,962 |
| Depreciation Amortization Depletion | 673,583 | 666,539 | 657,235 | 497,638 | 346,962 |
| Stock Based Compensation | 17,109 | 17,109 | 17,109 | 40,045 | 35,465 |
| Deferred Tax | 280,287 | 306,954 | 53,155 | 82,103 | 225,480 |
| Deferred Income Tax | 280,287 | 306,954 | 53,155 | 82,103 | 225,480 |
| Change In Working Capital | -114,318 | -1.6M | 297,577 | 988,167 | -387,733 |
| Change In Receivables | -269,056 | -1.0M | 300,222 | 903,062 | -534,308 |
| Change In Inventory | -317,517 | -195,859 | -85,880 | -447,199 | 206,692 |
| Change In Payables And Accrued Expense | 678,754 | -407,817 | 45,129 | 581,352 | -42,625 |
| Other Non Cash Items | -6,982 | 34,310 | 24,118 | 152,744 | 28,561 |
| Capital Expenditure | -139,608 | -63,409 | -199,695 | -71,898 | -122,862 |
| Purchase Of PPE | -139,608 | -63,409 | -199,695 | -71,898 | -122,862 |
| Net PPE Purchase And Sale | -139,608 | -63,409 | -199,695 | -71,898 | -122,862 |
| Investing Cash Flow | -139,608 | -63,409 | -199,695 | -20.0M | -122,862 |
| Cash Flow From Continuing Investing Activities | -139,608 | -63,409 | -199,695 | -20.0M | -122,862 |
| Repayment Of Debt | -518,597 | -511,642 | -493,908 | -294,751 | -283,756 |
| Net Issuance Payments Of Debt | -518,597 | -511,642 | -493,908 | 18.2M | -283,756 |
| Financing Cash Flow | -518,597 | -511,642 | -493,908 | 18.2M | -283,756 |
| Cash Flow From Continuing Financing Activities | -518,597 | -511,642 | -493,908 | 18.2M | -283,756 |
| Changes In Cash | 615,137 | -640,467 | 364,454 | -654,748 | 248,437 |
| Beginning Cash Position | 6.1M | 6.8M | 6.4M | 7.1M | 6.8M |
| End Cash Position | 6.7M | 6.1M | 6.8M | 6.4M | 7.1M |
| Free Cash Flow | 1.1M | -128,825 | 858,362 | 1.1M | 532,193 |
| Interest Paid Supplemental Data | 414,861 | 421,816 | 439,549 | 101,802 | 104,891 |
| Amortization Cash Flow | 420,584 | 441,416 | 434,250 | 316,806 | 243,750 |
| Amortization Of Intangibles | 420,584 | 441,416 | 434,250 | 316,806 | 243,750 |
| Change In Prepaid Assets | -206,499 | 59,061 | 38,106 | -49,048 | -17,492 |
| Depreciation | 252,999 | 225,123 | 222,985 | 180,832 | 103,212 |
| Long Term Debt Payments | -518,597 | -511,642 | -493,908 | -294,751 | -283,756 |
| Net Income From Continuing Operations | 548,976 | 751,230 | 27,248 | -501,102 | 502,151 |
| Net Long Term Debt Issuance | -518,597 | -511,642 | -493,908 | 18.2M | -283,756 |
| Taxes Refund Paid | -125,313 | -263,424 | -18,385 | -97,989 | -95,831 |